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Proposed rule

Public Unit and Nonmember Shares

Built by the Tribune's code from the Federal Register. No AI wrote this page. Published in the Federal Register Jan. 28, 2026. Document 2026-01696. Updated Nov. 15, 2026.

What it does

The NCUA Board (Board) seeks comment on a proposed rule to amend the NCUA's public unit and nonmember share rule to remove the requirement for a written plan to document the intended use of any borrowings, public unit, or nonmember shares if, collectively, those funds exceed 70 percent of the federally insured credit union's (FICU's) paid-in and unimpaired capital and surplus. FICUs would remain subject to the limits and other regulatory requirements governing public unit and nonmember shares. Removing this regulation will provide greater flexibility while holding FICUs accountable for managing the associated risks through a principles-based supervisory approach.

The National Credit Union Administration's summary, as published in the Federal Register.

What it would change

1 part of Title 12 of the Code of Federal Regulations:

12 CFR 701

Before this

No earlier Federal Register document under regulation identifier 3133-AF92 since Jan. 1, 2025.

What happens next and when

Comments must be received by March 30, 2026.

The agency's dates, word for word.

Document number2026-01696
ActionProposed rule.
AgenciesNational Credit Union Administration
PublishedJan. 28, 2026
Comments closeMarch 30, 2026
Regulation identifier (RIN)3133-AF92
DocketNCUA-2026-0133

Source: the Federal Register (public domain). The document in the Federal Register